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Home My WebLink About2804 24'7684 > > THIS I~i~ENTURE, Made the .6th od, of February . , A. o. ~973 , beh.~~en JACK A. JANSEN and MARY E. JANSEN, his Wife o~ Indian River County, Flo~~da, hereinafter designated as the "MOkTGAGOR," ~~,J FIFST FEDERAL il~vi~~GS A"<D LOAN ASSQCIATiO~! OF INDIAN RIVER COU'~lTY, a corpo~atio~ o~g~~~~:e~ anJ ex~st~ng undcr the ~a..s ::f rhe Un~t~•~ S!~tes ct Amenc.~ and having itt prinCipa! piate of business in fhC City of Vero 8eath, Ind~an Rwer County, Flor~da, herc:n,ftcr clcsi~nated as thc "r.'ORTGAGcE.'~ WyEttEA$ rne (~F ~TGAGOR ~s ~s~i de4 ~Q 2he MORTGAGEE ~r, ~he sum of ltaenty-two Thousand Four ~ Hundred aIIa IIO~UV~~~~~~~ ~(S y~~~~l~•UU ) Doifars, gwd .:nd lawful m.ne~~ c! r~:e Uru!cd Statez acivanted by the . MORTGAGEE unto the MORTGAG~R, as evidented by a tertain prom~ssory note of cvrn d~te !:<<<~..~t~~, of wh~ch tnc folt,•.,~ng m wor~is ! and f~gures is a true Copy, to-wit: , ~ S 22,40Q.00 r~,. _ ~ ve.o Beach, Florida, February 6, 19 73 F~? value received I or we jointly or severally promise to pay to FIRST FEDERAL SAVINGS AND IOAN ASSOCIATIOP7 OF INDiA.V FIVER COUNIY, the sum of S_22~400.~~ , at its oftice in Vero Beach, Florida, with interest at the r~te of 7.75 per cent per annum, in the following rtwnner: 183.91 s. . _ upon the first of each and every mo~th hereatter unril the full pnncipal sum, with interest, has trcen paid; said mnnthly payme~ts shall be applied first to the Davment of interest on the u~paid b. ~ante, and then to the payment of printipal. This note is ~egotiable ar?d if default i~ payment octurs. maK be placed in the hands of an attorney at law for collection, in wh~ch event 1 or we agree to pay the costs of tollection, including a reasonable attorney's fee, and each of us, whethe~ mak~r, guaranto~ o~ endorser, hereby severally waives demand, notice of non-oavment and protest of this nate. /s/ Jacl~_ A. Jansen _ _ ~Seau /s/ Mar~? E. Jansen_ ~~aiy In the event any payment is not made prior to the 20th day of the month when due, then this note shall bear interest at the rate of 8• 7596 from the date a~y such payment became due and throughout the per~od of such delinquency. State stamps paid and cancelled on origina) of this note in the amount of S_ 33.6~ . NOW, THEREFORE, the MORTGAGOR for the purpose of securing the payment of the sa~d sum of S 22~400.~0 a~d tF+e ~erformance of the covenants and agreements hereinafter expressed, and fo~ divers good and vatuable considerations, by these presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE its successors and assigns, all that certain lot, piece or parcel of land, situate, lying and being in the Counry of . $t. I,UClE'. and $tate of Florida, described as follows: Lot 1, Block 161, Unit #12, Lakewood Park, St. Lucie County, Florida, as per plat on file in Plat Book 11, Pages 26A and 26B of the Public Records of St. Lucie County, Florida. This Inst~W'K'+t Was Prct~3rcd BY d eAKER, JR- IN PAYMENT OF TAX6 J. D. R~EIYED DIiE OH ClASS 'C' INTANGIBIE PEQSO."~AL P~~nt FirstnFederl~~n 1 RivernCountY pURSU.;NT TO CFLIPTEQ 71-134. ACTS OF l9)1. 0 S-14th Ave_ P.O. Box 1209 RQ6ER POITRAS Vero Beach, Florida 32960 CLER1~ CIRCIlIT COURT, S~. WCIE CO.. F!!~ 4 rogether with all and singular the tenements, hereditaments and appu~tena~ces tF.ereunto betonging or in anywise appertaining thereto, and aii renis, iswes, preteeds and proiiis accruing and to attrue (rom Sa+~i premi;es, ali af whiCh are induded in the above and foregoing de- scription and habendum. ! TO HAVE ~ND TO HOLD the above destribed and granted premises unto the said MORTGAGEE, its successors and ass~gns forever. ~ And the said MORTGACAR for theirhe~~s, exetutors, administrators and assigns, hereby covenants with the said MORTGAGEE, its succes- S ~ sors and assigns, ihat they are _ ~aWf~nY seized of the said premises in fee simple; that the same are free, clear and d~s- ~ charged f~om all liens and entumbrances in law or in equity, and that they ~,,,;i~ a~ their _~if5 s}~II warrant and ~ defend the title to the same to the said MORTGAGEE, its successors and ass~gns, forever against the lawful claims and demands of all persons; ~ PROVIDED. ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore dexribed, and shall t~uly, promptly and fully perform, dixharge, execute, complete, comply with and abide by each and every the stipulations, agreements. ~ ccnditions and covenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be nul! and voirl IT IS U~/DERSTOOD that the word "Mortgagcr" whether in thP singular or plural anywhere in this Mortgage. shall be singufar if one ~ only and shall be plural jointly and severaily if more than one, and that ti,e word "Their" as uscd anyw'~ere in this Mortgage shall be takcn 3 to mean "his," "her," or "its,' wherever the context so implies or admits. Also, that wherever there is a refere~ce in the tovenanis and ~ agreemenls herein contained to any of the parties hereto, the same shall be construed to mean as Ne~~ as the heirs, legal representatives, wc- cess~r; and assigns leither voluntary by act of the parties or involun:ary by operat~on of the law) of the same an~ tiwt the covenants iierein c-.nta~n~d sha!1 bind and the ben~f~ts ~nd advantages inure to the respective heirs, legal representat~ves, success~rs and assigns of fhc ~ ;,art~es hereto. ~ And said Mortgagors, for themselves and their heirs, legal representatives, sutcessors and assigns, hereby ~.^~ntly an~i severally c~venant ~ and agree to and with the said MORTGAGEE, its successors and assigns: Y 1. To pay all and singular the principal and i~terest and the various and sundry sums of money payable by vi:tu~ of said prom~ss;ry - ~ ~~te, and this mortgage, each and every prompily on the days respect~~ely the same severally become due. 2. To pay all and singular the Tazes, assessments, levies, lia5ilities, obligations and incumbrances of every nature and kind now on - k,id described preperty, or that hereafter may be ~mposed, suffered, placed, lev~ed, or assessed thereon er that hereatter may be lev~ed or .Y a:ses,ed up:,n this Mortgage, or the indebtedness secured hereby, each and every, when due an~ pavable a«J~ding t_~ t~w, before they be- c.me deGnquent, and before any i~terest attaches or any penalty is incurred; and insafar as any thereot is of •etcrd the same shall be p:omptly s sahsfied and d~scharged ef rrcord and the original officia) documeni :such as, for ~nstance, the tax receiRt or tiie sati~factio~ paper offiuatly - end~.sed or certified! shall be placed in the hands of said MORTGAGEE within ten days next after payment; and in the evenr that any thereof is n:,t paid, satisEied and discharged. said MORTGAGEE may at any time pay the same or any part thereof without waivln3 or aftecting any ~ ops~~, lien, equity, or right under or by virfue of this Mortgage, and ihe full amount of e ch nd every such payment shali be immed~ateiy 53 doe and payabie and shall bear ~nterest from the date thereof until paid at the rate of ~.7~ per centum per annum and together with such interest shall be secured by tlie lien of this mortgage. 3. To place and continuously keep on the buildings now or hereafter situated en said !and and on all eqwpment and personalry tov- ered by this mortgage, with al! premiums thereon paid in full, fire i~swance in the usua~ st:-~ndard p,l~cv form. ~n a sum appro.ed by !!~r ~ f~10RTGAGEE, and tomado insurante in the usual standard polity form,in a wm approved by the MORTGAGEE, in suCh company or companies " ~s the MORTGAGEE may direct; and all fire and tornado insurance ~lic~es on any of sa~d bui~d~nys, any interest therein or part thereof, in the °a aggregate sum aforesaid or in excess thereof, shall contain the usual sfandard mortgagee ciause er such other clause as rhe Mortgagee may require, making the loss under said policies, each and every, payable to sa~d MORTGAGEE as ~ts interest may appear, and each and every ~ such policy shall be prompHy assigned and delivered to and held by sa~d MORTGAGEE as fu•tner security to said mortgage debt, and. not ~ ~ezs than ten (10? days in advance of the expiration of each policy, to deliver to said MORTGAG`E a~enewal thereof, tose!her w~th a receipt ~ for the premium of such renewal; and there shall be no fire or tornado ~nsurarxe placed on any o4 s~~d bw1~1~n¢s. a~.; ~nte~est thereln or s~ part thereof, unless in the form and with the loss payable as aforesaid; and in the event any sum of money becomes payable under such <~~c-noo-,-».~:e. ~s ` ~ ~~~~~0 ~ , ~ F~~,~ . . . ~ _ _ . . _ . . _ s . .n~n`~